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THERMEDICS INC. ANNOUNCES THIRD QUARTER RESULTS

 THERMEDICS INC. ANNOUNCES THIRD QUARTER RESULTS
 WOBURN, Mass., Oct. 26 /PRNewswire/ -- Thermedics Inc. (AMEX: TMD)


today reported record revenues of $13,382,000 for the quarter ended Sept. 26, 1992, compared with $6,870,000 in 1991. Net income was $726,000, compared with $214,000 in 1991.
 "Our revenues this quarter have nearly doubled from the same quarter last year," said John W. Wood Jr., president of Thermedics. "This growth is the result of increased revenues from our detection-instrument business and the inclusion of revenues from KeyTek Instrument Corp., a recent acquisition of our Universal Voltronics Corp. subsidiary."
 Even with the operating loss from the company's Thermo Cardiosystems Inc. subsidiary, Thermedics reported operating income of $371,000 this quarter, compared with an operating loss of $975,000 for the same quarter last year.
 Thermedics develops, manufactures, and markets biomaterials, biomedical products, analytical instruments, and explosives- and drug-detection devices, and provides analytical laboratory services. Thermedics is a public subsidiary of Thermo Electron Corporation.
 THERMEDICS INC.
 Financial Highlights
 (in thousands, except per share data)
 Three Months Ended Nine Months Ended
 Sept. 26, Sept. 28, Sept. 26, Sept. 28,
 1992 1991 1992 1991
 Revenues $13,382 $6,870 $31,374 $23,684
 Income Before Provision
 for Income Taxes 1,313 464 2,549 2,367
 Net Income 726 214 1,429 1,414
 Earnings Per Share .04 .01 .08 .08
 Weighted Average
 Shares 18,625,000 18,524,000 18,624,000 18,437,000
 -0- 10/26/92
 /CONTACT: John N. Hatsopoulos of Thermo Electron, 617-622-1111, for Thermedics/
 (TMD) CO: Thermedics, Inc. ST: Massachusetts IN: MTC SU: ERN


CN -- NE006 -- 4607 10/26/92 09:35 EST
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Date:Oct 26, 1992
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